STOCKHOLM (Reuters) – Sweden’s H&M <HMb.ST>, the world’s second largest clothing retailer, said on Monday it had decided to scrap its proposed dividend due to the coronavirus outbreak, and that it was reviewing all parts of its operations, including all costs. The historic move by H&M to scrap its dividend comes with 68% of its […]
MONTREAL (Reuters) – A pick-up in leisure trips and easing European travel restrictions are driving demand for business jet flights this summer, fueling cautious hopes for a rebound in an industry hit hard by the coronavirus pandemic, executives and forecasters said. Commercial and business aviation are both seeing improved domestic traffic this summer. But private […]
By Rozanna Latiff and Joseph Sipalan KUALA LUMPUR (Reuters) – Malaysia’s former prime minister, Najib Razak, allegedly sought help from the United Arab Emirates’ crown prince to fake evidence to cover up for the 1MDB scandal, according to audio clips revealed by Malaysian anti-graft officials on Wednesday. Najib rejected the allegations and the UAE government […]
